Motor
Fortis rebrand and expansion on horizon despite profit loss
Fortis UK is to expand its commercial ambitions in the wake of a near £50m drop in profits and ahead of an enforced rebrand.
Biba claims success with Electronic Motor Insurance Certificate
The British Insurance Brokers’ Association has said it is “delighted” that changes which enable the electronic delivery of motor insurance certificates to customers are about to become law.
Sir Jackie Stewart denies involvement in Aviva’s supercar payout
An Aberdeen newspaper had reported that the former professional driver was at the wheel of the £500,000 Pagani Zonda S when it crashed into a telegraph pole.
Aviva pays out record £300,000 repair claim
Aviva has confirmed that following a crash in September last year, it has paid £300,000 to repair a Pagani Zonda S.
1 Answer Network releases online mid-HNW offering
1 Answer Network has launched a new RSA-backed online product aimed at the ‘mid high-net-worth’ sector.
Confused boosts motor insurance panel
Nationwide has joined Confused.com's panel of motor insurance providers.
One Business Insurance wins fleet deal
One Business Insurance, part of Brightside Group, has announced its intention to offer "market-leading" premiums on fleet insurance to Navman Wireless’ customer base
KGM hires senior underwriter from NIG
KGM Motor Insurance has appointed David Martin as fleet class underwriter. Mr Martin has joined the business from NIG where he was senior motor underwriter
Admiral accused of discrimination and breaching race laws
Which? has claimed that the Admiral Group, which includes Bell, Diamond and Elephant.co.uk has broken race laws by charging customers who were born outside of the UK more than those born in the country
Aviva launches claims guides
Aviva has launched a series of online guides aimed at providing brokers with more details about the claims process which they can use to help customers understand the process.
UK General to withdraw underwriting function from regional network to Leeds office
UK General is to pull back its underwriting capabilities from its regional network and concentrate expertise in its Leeds headquarters in a move which is expected to result in job losses
Dedicated insurance portfolio targets time-poor professionals
Wesleyan has launched a dedicated home, motor and travel insurance service for affluent professionals
Axa unveils motor revamp as UK general earnings plummet
Axa has stated its intention to impose targeted rate increases across its personal lines motor book and make a return to the direct motor market as it announced a significant slump in UK general insurance earnings
The PB Interview: View from the rock
Markerstudy was the first insurer to underwrite in the UK from Gibraltar, courting inevitable controversy. Andrew Tjaardstra meets group underwriting director Gary Humphreys to discover its success in becoming a major player in the broking and…
Moneysupermarket's year end results reveal drop in revenue and customers
Moneysupermarket’s preliminary results for the year ending 31 December 2009 have revealed a 23% drop in revenue to £136.9m (2008: £178.8m) and 26% drop in EBITDA to £36m (2008: £48.8m)
Motorists are focused on insurance savings, says poll
A third of British motorists would like to save on their car insurance this year according to a poll conducted by Be Wiser Insurance
Arista makes underwriting appointment for South East
CEO Charles Earle promotes Anothony Foulds to take responsibility for property, liability and motor business in South East
Survey shows insurers are delivering on motor claims
A motor claims survey, conducted amongst customers of 15 of the UK’s leading motor insurers, found that 87% were satisfied with the service received during their claim
Money Expert names Autonet as preferred provider
Autonet Insurance Group has teamed up with Money Expert to provide van insurance solutions to its users
What the Papers Say
Stories being analysed this month include: Axa's move into direct motor; use of social media in the insurance industry; Conservative plans for insurance; and the art of stonewalling the media.
Oxygen appoints in Leeds following death of former boss Sean Hicks
Oxygen appoints Julie Donkin for motor trade and specialist sectors to replace staff leavers in Leeds
Axa goes direct with Confused.com
Axa has returned to the direct insurance market in the form of Axa Direct, the latest insurer to join Confused.com’s list of motor providers.
Product review: Motor fleet product relaunches with wider reach
Brit Insurance has relaunched its Motor Fleet policy to provide a significantly wider standard product offering for its policyholders. The policy is designed for all operators of fleets with a minimum of five vehicles and provides flexibility to cater…
Zurich forges ahead with bold hikes in personal motor rates
Zurich's decision to implement blanket rate increases on its private motor book has exposed the diversity in strategy among the leading composite insurers in this arena